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Mixed options sentiment in Dell Technologies with shares up 1.38%

Mixed options sentiment in Dell Technologies (DELL), with shares up $2.65, or 1.38%, near $195.75. Options volume roughly in line with average with 15k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.8. Implied volatility (IV30) dropped 2.29 near 51.4,and above the 52wk median, suggesting an expected daily move of $6.34. Put-call skew flattened, suggesting a modestly bullish tone.

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